Where does the FDIC's reserve fund come from?
a. The FDIC has access to federal tax revenue.
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Mathematics, 18.04.2021 23:30 ayoismeisalex
Where does the FDIC's reserve fund come from?
a. The FDIC has access to federal tax revenue.
b. If an insured bank fails, the FDIC keeps the money at that bank that is beyond the insured
limit.
C. A certain amount of money goes directly from the Treasury to the FDIC's reserve fund.
d. Insured banks pay a premium on the money insured.
Answers: 3
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